One of the biggest problems of investing is this problem of hubris and lack of humility. We had a mega boom in 1994-95 when I fell victim to hubris, he says. Warren Buffett and Charlie Munger learned from people like Berkshire Hathaway that you can make money over a 5-6 decade period if you control your hubris.
Sankaran Naren is the Chief Investment Officer at ICICI Prudential AMC, and among the most respected names in the Indian fund management industry. In this episode, we talk about how global central banks are inflating asset prices, market cycles, developing common sense, art of being a contrarian investor, and much more.